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PSX’s shareholding in NCCPL increased to 49.71%

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August 23, 2021 (MLN): Pakistan Stock Exchange (PSX) has announced that its aggregate shareholding in its associated company, National Clearing Company of Pakistan Limited (NCCPL) has been increased to 49.71 percent i.e., 50,130,598 ordinary shares of Rs10 each.

In continuation to PSX's earlier announcements on the subject of equity investment of the Exchange to acquire 2,669,681 ordinary shares of Rs10 each in NCCPL, from Pakistan Kuwait Investment Company (Private) Limited, a shareholder of NCCPL, at a price of Rs26 per share, amounting in aggregate to Rs69,411,706, has been positively concluded, the notice by Exchange said.

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Posted on: 2021-08-23T12:29:00+05:00

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